Thursday, October 7, 2021

Ecommerce accelerator Pattern's machine learning and AI raises $225M | VentureBeat

Today, ecommerce accelerator Pattern announced its $225 million growth equity investment for its machine learning and AI-driven logistics.

Pattern's round is led by Knox Lane and includes full pro-rata participation from existing investors, bringing Pattern's total pre-money valuation to $2 billion.

Publisher: VentureBeat
Date: 2021-10-06T20:34:52 00:00
Author: Corinna Makris
Twitter: @venturebeat
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Huboo Raises £60 Million In Quest to Become The Leading eCommerce Fulfillment Provider in Europe

"Scores of new and existing retail businesses now see their future in eCommerce, but while anyone can set up an online store-front and start selling within hours, the infrastructure powering eCommerce is alarmingly outdated, inefficient, inflexible, and expensive.”

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Publisher: eSeller365
Date: 2021-10-06T06:46:15-04:00
Twitter: @eseller365
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ByteDance's ecommerce expansion goals will put the budding US social commerce market to the test

What we know: This venture will be separate from TikTok's ecommerce partnerships with big names like Shopify and Walmart.

The platform will likely be focused on cross-border retail—primarily, shipping Chinese goods to other markets like the US.

Publisher: Insider Intelligence
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Overcoming Obstacles In Cross-Border eCommerce | PYMNTS.com

More consumers than ever before are hopping online to buy directly from merchants abroad. Unfortunately, most eTailers are not equipped to capitalize on this opportunity. Just 43% of merchants use IP recognition technology to help personalize their customers' online shopping experience.

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Date: 2021-10-07T04:02:24-04:00
Twitter: @PYMNTS.com
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sale: Ecommerce sales get off to a flying start - The Economic Times

Tata Digital plans to offer stock options to prospective employees and revamp its organisational structure to attract the best talent around.

Publisher: The Economic Times
Date: The Economic Times
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How to start an online business: 4 tips for your eCommerce business

If you are trying to come up with the best online business for your eCommerce company, then you need to follow these steps in order.

The first aspect of learning how to start an online business is seeing if your business idea is valid, to begin with.

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Publisher: Augusta Free Press
Date: 2021-10-06T14:14:28 00:00
Twitter: @AugFreePress
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festive sales: Ecommerce players rope in regional celebrities, influencers to push festive sales
Publisher: The Economic Times
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Brandon Nguyen (YENGUB): A Tale of Zero to Hero as an eCommerce Entrepreneur - Influencive

Who said you had to go to school to be successful? Well, Brandon Nguyen will tell them otherwise. From building his eCommerce business from the ground level up, this successful entrepreneur has a story to tell – and this story has nothing to do with the four walls of a school.

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Publisher: Influencive
Date: 2021-10-06T09:33:55-07:00
Twitter: @influencive
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Jem Borouh is Setting The Pace in the eCommerce Industry - Influencive

It is no longer news that many businesses have cropped up in the eCommerce industry, but only a few can boast of Jem Borouh’s success. In just four years of launching his business, eCom Incubator, this 23-year-old guru has sold more than $20,000,000 with his eCommerce businesses.

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Publisher: Influencive
Date: 2021-10-06T07:27:54-07:00
Twitter: @influencive
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Stripe on eCommerce, B2B Payments Transformation | PYMNTS.com

We're just at the beginning of the transformation of B2B payments. Beyond the drive to eliminate paper from various back-end processes, the connected economy will help (and, in the process, be transformed) as transactions between buyers and suppliers become seamless.

"We are very much still in the early innings of the internet – and we're in the early innings of Stripe, too," she noted, even with the massive digital shift wrought by the pandemic. The percentage of GDP that is "on" the internet still pales in comparison to what it will be in 10 or 15 years.

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Date: 2021-10-07T04:03:02-04:00
Twitter: @PYMNTS.com
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